14 Dec 2015

EU AGRI-FOOD IMPORTS – 14 DECEMBER

The EU has already implemented or recently concluded several Free Trade Agreements (FTAs). Negotiations are on-going with key trade partners and will result in further liberalisation of agri-food trade. In 2014, 38% of EU agri-food imports benefited from preferential treatment (duty free or reduced duties), corresponding to almost € 40 billion. Taking together preferential imports at zero duty and duty-free imports under Most Favoured Nations tariffs, about 71% of all agri-food imports entered the EU at zero duty, representing a value of € 72 billion trade.